CRA Asset-Size Threshold Updated

The Federal Reserve recently announced the CRA asset-size thresholds were updated and will take effect January 1, 2011.  These thresholds determine an institution’s classification for BSA Training and Banking Regulations Compliance Consulting amy11 - CRA Asset-Size Threshold UpdatedCRA purposes.

For either of the prior two calendar year ends (December 31, 2010 & December 31, 2009):

  • A “small bank” or “small savings association” means assets less than $1.122 billion
  • An “intermediate small bank” or “intermediate small savings association” means assets of at least $280 million but less than $1.122 billion
  • A “large bank” or “large savings association” means assets of $1.122 billion or more.

Published
2011/01/01
Amy Kudlacek

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